Which of the Following Statements Is False

Multiple Choice

Which of the following statements is false?

A) the present value of a future sum decreases as either the discount rate or the number of discounting periods per year increases.
B) if the present value of a sum is equal to its future value,the interest rate must be zero.
C) if the discount (or interest) rate is positive,the future value of an expected series of payments will always exceed the present value of the same series.
D) each of the above statements is true.